Kaiko: The Bitcoin premium on Binance.US is a reflection of insufficient market liquidity

ChainCatcher news, Kaiko data shows that Bitcoin is trading at a 2.5% premium on Binance.US compared to other U.S. exchanges. Blockchain analytics firm Kaiko states that the premium trading of Bitcoin (BTC) on Binance.US is a sign of market illiquidity, rather than evidence of market makers exiting the platform. Speculation about market makers potentially leaving the platform is merely a rumor, as its market depth has not changed.

ChainCatcher previously reported that the trading premium for Bitcoin on the Binance.US market reached as high as $700. (source link)